Well situated just off of Lynn's Diamond District, this well maintained 5 unit would be a great addition to anyone's portfolio. Boasting a strong NOI, the property's seperate utilites help keep owner's costs down and profitability up. It's close proximity to major bus lines and the commuter rail make it a favorite spot for tenants....as does the beach only two blocks away. Fully occupied....the current rent roll is strong, but does leave room for minor rent increases as you turn units over. Email list agent for full Matterport tour of property. Group showings Sat Oct 5th 1030-1230 and Wed Oct 9th 530-630
Parking:
2-car, Off Street
Lot Description:
Corner Lot
Amenities:
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, T-Station
36 Sagamore St, Lynn, (Diamond District), MA, 01902
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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